SIDENOR S.A. announces that on December 29, 2009, the 114,417 new common registered Company shares start floating in the Athens Exchange, which resulted from the recent share capital increase via rights issue by the amount of Euro 46,910.97 due to the exercising of options to purchase shares of the Company's stock option plan offered to the members of the BoD, the management and personnel of the Company and its affiliated companies, which amount to a total of 6 persons, at Euro 3.55 offer price per share, pursuant to the decision of the AGM of 26-6-2002 and the decision of its Board of Directors dated 8-10-2002.
The aforementioned increase of the share capital, which does not constitute an amendment of the Company's Articles of Association, was certified by the Company's Board of Directors on 2-12-2009, in application of the respective decisions of the previously mentioned AGM and was also officially registered and certified with the Societe Anonyme Registry by its Announcement No Κ2-12515/8/12/2009.
The Athens Exchange BoD in its session dated December 21, 2009 approved the listing of the aforementioned 114,417 new common registered Company shares.
Following a decision of the Company's BoD, December 29, 2009 is set to be the date for the floating of the new shares in the Athens Exchange. As of the same date, the stating price for trading of the Company's shares in the ATHEX will be adjusted according to the ATHEX Rules and Regulations, and the new shares will be credited to the Investor Shares Account and the Securities Accounts of the beneficiary shareholders at the Dematerialized Shares System (DSS).
All Shareholders who wish additional information, can access the respective document which is available in paper, as well as electronic format and may also address to the Company's Shareholders Department (tel. +30210-6787111, Mrs. Sofia Zairi).